| Type | Subsidiary of A.S. Watson Group |
|---|---|
| Industry | Retail |
| Founded | 1988 |
| Key people | Dominic Lai (Group Managing Director), Jeremy Seigal (CEO), Peter McNab (Managing Director) |
| Products | Health & Beauty Products |
| Owner(s) | A.S. Watson Group |
| Parent | Hutchinson Whampoa |
| Website | www.savers.co.uk |
Savers Health & Beauty (founded in 1988 as Savers Drugstores) is a discount chain based in the UK retailing a variety of health, beauty, household goods and medicines, alongside a range of fine fragrances.
The company gradually expanded throughout the 1990s before acquiring the 100 strong Supersave chain of drugstores from GHEA. The company grew to 176 stores before being sold to A.S. Watson, the retail and manufacturing arm of Hutchison Whampoa, the Hong-Kong based conglomerate in 2000.
Subsequently, A.S. Watson acquired Kruidvat BV, the owner of the Superdrug chain. Following this, many Savers stores were converted to the Superdrug format.
Savers Head office is based in Dunstable near Luton, the building doubles as one of AS Watson UK's large distribution centre's serving Savers, Superdrug and The Perfume Shop. With Customer Services based at Superdrug's Head Office in Croydon, Surrey and the companies registered office being Hutchinson House, Battersea, London.
Savers currently operates 230 stores nationwide. These stores are characterised by their simple, clean and modern style.
Savers operates a 'mega-discount' pricing platform; this has seen the company voted the best value health and beauty retailer by retail analyst Verdict in 2005 and 2009.